Editorial in Arthik Abhiyan, 8th January 2011
Kathmandu,Nepal
When we talk about Nepal's water resources, the first thing that comes to mind is electricity. A crucial question we should ask while formulating policy for water is, for whom is the electricity being generated? Though Nepal's water policy should be for the welfare of the country, it looks as though it is made for foreigners.
Nepal's per capita consumption of electricity is 70 units per annum; it is 10,000 units per annum in developed countries. Experts say Nepal would require between 55,000 to 60,000MW if its people consumed as many units as in developed countries. This means if Nepal's economy grows at a rate of 7 to 8 per cent per annum, there is no question of exporting electricity at all. If we think we have enough energy to export it for money, we are just being plain stupid. But the Ministry of Energy has not accepted this truth.
A study conducted by Somnath Poudel shows that Nepal needs at least 10,000MW by 2018 if economic growth is to maintain its momentum. In this context, if we invite foreign investors for hydro projects and export 90 per cent of generated power, how can we meet even domestic demand for energy? We need to generate an additional 1,000MW per year to meet the demand. But existing energy policy has not acknowledged this fact.